2-bed · 1,580 sqftOcean Heights Tower, Dubai Marina · 51st floor · completed 2010

5106, Ocean Heights Tower

Sold prices and rental history: sold 4 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5106 · DLD and Ejari recordsUpdated 31 May 2023
Last soldAED 2.1M31 May 2023
Current rentAED 110K /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5106, Ocean Heights Tower

What is 5106 worth today?

Last sold for AED 2,100,000 in 2023

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31 May 2023SoldReady
AED 2,100,000AED 1,329 per sqft
15 Jun 2022RentedNew contract
AED 109,797/yr9 months · AED 69 per sqft
15 Jun 2021RentedRenewal
AED 110,000/yr12 months · AED 70 per sqft
15 Jun 2020RentedNew contract
AED 100,000/yr12 months · AED 63 per sqft
1 Aug 2019SoldReady
AED 1,250,000AED 791 per sqft
15 Jun 2019RentedRenewal
AED 115,000/yr12 months · AED 73 per sqft
15 Jun 2018RentedRenewal
AED 120,000/yr12 months · AED 76 per sqft
15 Jun 2017RentedRenewal
AED 130,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 31 May 2023.

Key facts

Type
2-bed apartment
Size
1,580 sqft
Floor
51st of 80
Parking
nan
Developer
DAMAC
Completed
2010
Service charge
AED 25,800 /yr
Last sold
AED 2.1M · May 2023

About 5106, Ocean Heights Tower

5106 is a two-bedroom apartment of 1,580 sqft on the 51st floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 31 May 2023 for AED 2,100,000, or AED 1,329 per sqft, in line with the AED 1,305 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 15 June 2022, is AED 109,797 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 25,800 a year.

Sales and rents for 5106 over time

Sales
Unit 5106, each saleTypical two-bed in Ocean Heights Tower
1M2M3M2009201420192024Typical sale price by year: 2009 AED 2,070,000; 2010 AED 2,329,625; 2011 AED 2,070,000; 2012 AED 1,864,018; 2013 AED 2,137,800; 2014 AED 2,800,000; 2015 AED 2,000,000; 2016 AED 2,012,500; 2017 AED 1,995,000; 2018 AED 1,997,500; 2019 AED 1,250,000; 2020 AED 1,035,000; 2021 AED 1,225,000; 2022 AED 1,800,000; 2023 AED 1,800,000; 2024 AED 2,025,000; 2025 AED 2,250,000; 2026 AED 2,000,000Sold by developer, August 2010: AED 2,101,440 (AED 1,329 per sqft)Sold, January 2012: AED 2,101,440 (AED 1,329 per sqft)Sold, August 2019: AED 1,250,000 (AED 791 per sqft)Sold, May 2023: AED 2,100,000 (AED 1,329 per sqft)

5106 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5106, each contractTypical two-bed in Ocean Heights Tower
100K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 120,000; 2014 AED 140,000; 2015 AED 143,325; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 121,000; 2019 AED 106,000; 2020 AED 88,500; 2021 AED 88,000; 2022 AED 97,608; 2023 AED 115,000; 2024 AED 121,000; 2025 AED 130,000; 2026 AED 130,000New contract, January 2013: AED 130,000 a yearNew contract, May 2014: AED 140,000 a yearNew contract, June 2015: AED 130,000 a yearNew contract, June 2016: AED 130,000 a yearRenewal, June 2017: AED 130,000 a yearRenewal, June 2018: AED 120,000 a yearRenewal, June 2019: AED 115,000 a yearNew contract, June 2020: AED 100,000 a yearRenewal, June 2021: AED 110,000 a yearNew contract, June 2022: AED 109,797 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Ocean Heights Tower, and where 5106 sits

All 203 2-beds →

5106 last sold in May 2023 at AED 1,329 per sqft, in line with what two-beds in Ocean Heights Tower were fetching at the time (AED 1,305). Over the last 12 months two-beds sold for AED 1,700,000 to 3,100,000, around AED 1,572 per sqft, and rent for AED 90,000 to 200,000 a year. 5106's AED 109,797 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jul 20261,800,000
25 Jun 20261,700,000
10 Jun 20262,000,000
3 Feb 20262,100,000
6 2-bed sales in the last 12 months

Ocean Heights Tower

Building

581 apartments, 1-bed to 5-bed over 80 floors in Dubai Marina, completed in 2010 by DAMAC. 27 sold in the last 12 months.

Typical price per sqft
AED 1,609 Up 8.6%
Typical sale
AED 2.1M
Typical rent
AED 105K /yr
Typical yield
5.7%
Ocean Heights Tower, Dubai Marina: prices, sales and rents →

Other units on the 51st floor

All 581 units in Ocean Heights Tower
Value
51013-bedAED 4.48M · Jul 2011
51022-bedAED 1.4M · Dec 2021
51032-bedAED 1.5M · Feb 2022
51041-bedAED 1.1M · May 2011
51051-bedAED 1.58M · Mar 2016
51073-bedAED 1.5M · Oct 2026

5106, Ocean Heights Tower in numbers

  • Sold 4 times: first on 8 August 2010 for AED 2,101,440, last on 31 May 2023 for AED 2,100,000 (AED 1,329 per sqft).
  • Rented since January 2013 on 10 Ejari contracts, from AED 130,000 to AED 109,797 a year.
  • At AED 109,797 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 25,800 a year (AED 16.32 per sqft).
  • Two-beds in Ocean Heights Tower sold for AED 1,700,000–3,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,609 per sqft.

Source: Dubai Land Department. Updated 31 May 2023.

Questions about 5106, Ocean Heights Tower

What did unit 5106 last sell for?

AED 2,100,000 on 31 May 2023: AED 1,329 per sqft for 1,580 sqft. The unit has 4 registered sales; the first was AED 2,101,440 in August 2010.

What is the rent for unit 5106?

AED 109,797 a year on the contract signed on 15 June 2022. The previous contract, from June 2021, was AED 110,000; the unit has been rented since January 2013.

How big is unit 5106?

1,580 sqft (146.8 sqm): a two-bedroom apartment on the 51st floor of a 80-storey tower completed in 2010.

What is unit 5106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ocean Heights Tower sold for AED 1,700,000 to 3,100,000 in the last 12 months, around AED 1,572 per sqft.

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Mortgage on 5106, Ocean Heights Tower

Starts from the last sale price (AED 2.1M, 31 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →